So the stocks went up today on news that the Federal Reserve is DUMPING another $200 billion into the economy! Good news all around, right? Why would Ron Paul be so negative about this?
Of course the stock market is happy- its ONE MORE OPPORTUNITY to suck money from YOU, get its FULL VALUE, before it increases the prices of everything you want to buy. They get full value, but by the time the money gets to you, through normal economic means, the extra money given will actually DECREASE THE VALUE of the money you just worked your butt off to get!
Of course Ron Paul is negative about this. It is we, the people, who suffer from such obviously evil and deliberate greed. It is us that pay the price as our personal economies get worse and worse.
Just a few days ago, it was reported: “In conjunction with the banking system’s solvency crisis, the market and economic circumstances have the broad financial system facing its greatest risks of instability or outright collapse in modern times…the Federal Reserve will spend every dollar it needs to create in order to prevent the financial system from collapsing. A systemic failure is not an option for the Fed, and any needed bailouts will not be limited to large banks…much of the salvage operation may be covert. Not to do so would promise a deflationary great depression…Unfortunately, however, the eventual result of the great bailout will be a hyperinflationary great depression…” (emphasis added) shadowstats.com, Alert, March 5, 2008″
Therefore, as mentioned above, much of this was going on covertly; as Ron Paul discusses with Neil Cavuto, other countries were forced to deflate the value of their own currencies to try to keep the playing field ‘level’ and it is altogether just another round in the deliberate project to destroy the American economy.
In the exchange between Ron Paul and Ben Bernanke, the Fed admitted to the uselessness of its ploys, because it simply wasn’t possible to dissimulate when speaking to the Congressman.
“GATA hit the nail right on the head when it said that The Fed’s actions were “expropriating savers even more to rescue the banks and financial houses that lately defrauded the world with The Fed’s connivance.” ”
These games are well known to the Federal Reserve, and while it is so easy to claim that Bernanke is simply incompetent, we have to remember that there is SOMEONE, not our government, who is paying his salary. He, like the rest of the sock puppets on display, is doing what HE IS TOLD TO DO.
This, in spite of the fact that these decisions put him, and the Fed, clearly in opposition to what is good for America, for our economy, for the citizens. Only Ron Paul seems to understand this.
These people are clearly on a path to take us DOWN, in a hyper-inflationary depression nightmare with no end in sight.
What Bernanke has done is bought a little ‘time’ for the powers that be to get the rest of their ducks in a row. For us, it would be better that the collapse happened sooner, rather than later, because the LAST THING we want is for all those ducks to actually be in a row!